Today Mountain Protocol USD (USDM) only traded on Curve (Arbitrum). The maximum trading volume is observed for the trading pair USDM/USDC and reaches 23 dollars (99% of the total volume across all exchanges). During the week, the minimum price for Mountain Protocol USD (USDM) is fixed on Thursday at 0.996 cents. Currently, the token Mountain Protocol USD is trading in the range of 99.61 cents or 83.92 ruble for 1 USDM.
#2805 Mountain Protocol USD
USDMExchanges where USDM is traded
| Exchange | Pair | Price | Volume, 24h | ||
|---|---|---|---|---|---|
| 1 |
Curve (Arbitrum)
1.0
|
USDM/USDC |
$ 0.9961
USDC 0.9963
spread 0.68%
|
$ 1217h ago | Buy |
| 2 |
Curve (Arbitrum)
1.0
|
USDM/USDC |
$ 0.9961
USDC 0.9963
spread 0.68%
|
$ 1217h ago | Buy |
Calculator USDM
1 USDM = 0.9961 USD
Developer activity
What is Mountain Protocol USD?
The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users.
USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.
Official websites and links for Mountain Protocol USD
There are currently about 4 official links to Mountain Protocol USD websites and social media:
- Website - mountainprotocol.com
- Twitter - twitter.com
- Facebook - facebook.com
- GitHub - github.com/mountainprotocol